Netcare - Amendment To SENS Announcement Dated 17 November 2004

Netcare - Amendment To SENS Announcement Dated 17 November 2004                 
NETWORK HEALTHCARE HOLDINGS LIMITED                                             
(Co. Reg. No. 1996/008242/06)                                                   
("the Company" & "Netcare")                                                     
Code : NTC                                                                      
ISIN number : ZAE000011953                                                      
AMENDMENT TO SENS ANNOUNCEMENT DATED                                            
17 NOVEMBER 2004                                                                
It has come to our attention that the column headings on "Key Financial         
Information" were erroneously transposed in the SENS announcement dated 17      
November 2004.  To provide clarity, the information is shown correctly below -  
"KEY FINANCIAL INFORMATION                                                      
                                                              Audited           
                                               Audited        Restated          
                                               30 Sept        30 Sept           
2004           2003              

                                               (Rm)           (Rm)              
Ordinary shares (millions)                                                      
In issue                                       1 425,8        1 530,7           
Weighted average number of shares              1 479,7        1 428,8           
Diluted weighted average number of shares      1 540,4        1 496,5           
Distributions                                                                   
Capital distributions (cents per share)        19,0           15,0              
Other salient features                                                          
EBITDA margin before abnormal items (%)        18,2           19,1              
EBIT margin before abnormal items (%)          15,1           15,9              
Interest cover (times)                         8,2            5,0               
Effective taxation rate (%)                    25,0           22,8              
Operating profit return on net assets (%)      25,1           27,8              
Return on ordinary shareholders" equity (%)    23,4           22,8              
Debt/equity ratio (%)                          41,5           29,6              
Capital commitments (Rm)                       388,3          185,4             
Contingent liabilities (Rm)                    372,8          153,0"            
Sandton                                                                         
19 November 2004                                                                
JOEL WOLPERT                                                                    
Company Secretary                                                               
Tel No : (011) 301-0213                                                         
Fax No : (011) 301-0481                                                         
E-mail jwolpert@ho.netcare.co.za                                                
Date: 19/11/2004 04:50:50 PM Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department